09.03.2016 By Media team

FAS to close to new schemes from September 2016

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Please note that the Pension Protection Fund has announced that the Financial Assistance Scheme will close to Notification and Qualification of new schemes from 1 September 2016.

We’d encourage trustees, advisors, former trustees and/or former advisors of any pension scheme they believe may be a qualifying scheme not yet notified to us to do so as soon as possible. Members currently receiving, or with a deferred entitlement to receive, assistance payments from the Financial Assistance Scheme are not affected by this announcement.

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